Costa Rican well-being indicators are comparable or even above the OECD average in several dimensions (OECD, 2016a). Nevertheless, gaps with OECD countries are large in two dimensions: labour market participation and education.

Despite an improvement in overall macroeconomic performance in Costa Rica, income inequality has risen and is currently at its maximum historical value.

Despite strong economic growth, Costa Rica’s income inequality has increased in the past decade, in stark contrast with other Latin American countries.

Costa Rica has made impressive economic and social progress in recent years, with robust economic growth facilitating near-universal access to education, health care and pensions.

La economía de Costa Rica es sólida y continúa convergiendo hacia los niveles de vida de los países miembros de la OCDE.

Consecutive years of primary deficits have led to mounting public debt of almost 50% of GDP, one of the fastest increases in Latin America over the last decade.

Owing to past structural reforms, Costa Rica has enjoyed robust GDP growth and productivity levels are gradually converging towards the OECD average.

IP Addresses in Costa Rica increased to 531033 IP in the first quarter of 2017 from 514721 IP in the fourth quarter of 2016. IP Addresses in Costa Rica averaged 361110.13 IP from 2007 until 2017, reaching an all time high of 536472 IP in the second quarter of 2016 and a record low of 107033 IP in the third quarter of 2007. This page includes a chart with historical data for Costa RicaIP Addresses.

Temperature in Costa Rica decreased to 24.61 celsius in December from 25.12 celsius in November of 2015. Temperature in Costa Rica averaged 25.61 celsius from 1851 until 2015, reaching an all time high of 28.86 celsius in April of 1998 and a record low of 22.99 celsius in December of 1889. This page includes a chart with historical data for Costa Rica Average Temperature.

Precipitation in Costa Rica decreased to 191.73 mm in December from 280.10 mm in November of 2015. Precipitation in Costa Rica averaged 249.76 mm from 1901 until 2015, reaching an all time high of 733.36 mm in July of 1905 and a record low of 13.06 mm in March of 1926. This page includes a chart with historical data for Costa Rica Average Precipitation.

Living Wage Family in Costa Rica remained unchanged at 331800 CRC/Month in 2018 from 331800 CRC/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

Wages High Skilled in Costa Rica decreased to 748700 CRC/Month in 2018 from 762500 CRC/Month in 2017. Wages High Skilled in Costa Rica averaged 747000 CRC/Month from 2015 until 2018, reaching an all time high of 762500 CRC/Month in 2017 and a record low of 728400 CRC/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages Low Skilled in Costa Rica decreased to 296600 CRC/Month in 2018 from 298000 CRC/Month in 2017. Wages Low Skilled in Costa Rica averaged 308450 CRC/Month from 2015 until 2018, reaching an all time high of 339500 CRC/Month in 2016 and a record low of 296600 CRC/Month in 2018. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

The Gross Domestic Product per capita in Costa Rica was last recorded at 9892.64 US dollars in 2018. The GDP per Capita in Costa Rica is equivalent to 78 percent of the world's average. GDP per capita in Costa Rica averaged 5562.46 USD from 1960 until 2018, reaching an all time high of 9892.64 USD in 2018 and a record low of 2857.54 USD in 1961. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Costa Rica GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Costa Rica was last recorded at 15684.57 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Costa Rica, when adjusted by Purchasing Power Parity is equivalent to 88 percent of the world's average. GDP per capita PPP in Costa Rica averaged 11260.96 USD from 1990 until 2018, reaching an all time high of 15684.57 USD in 2018 and a record low of 7715.47 USD in 1991. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Costa Rica GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Costa Rica increased to 4.02 percent in 2018 from 2.79 percent in 2017. Deposit Interest Rate in Costa Rica averaged 11.79 percent from 1982 until 2018, reaching an all time high of 27.32 percent in 1991 and a record low of 1.21 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Costa Rica.

Costa Rica scored 62.01 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Costa Rica averaged 17.57 Points from 2007 until 2019, reaching an all time high of 62.14 Points in 2018 and a record low of 4.05 Points in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Costa Rica Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Costa Rica is ranked 74 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Costa Rica deteriorated to 74 in 2019 from 67 in 2018. Ease of Doing Business in Costa Rica averaged 91.50 from 2008 until 2019, reaching an all time high of 121 in 2009 and a record low of 60 in 2015. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Costa Rica.

Costa Rica scored 56 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Costa Rica averaged 51.76 Points from 1997 until 2019, reaching an all time high of 64.50 Points in 1997 and a record low of 41 Points in 2006. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Costa Rica Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Costa Rica is the 44 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Costa Rica averaged 42.17 from 1997 until 2019, reaching an all time high of 55 in 2006 and a record low of 22 in 1997. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Costa Rica Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Costa Rica stands at 13 percent. In Costa Rica, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Costa Rica. This page provides - Costa Rica Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Costa Rica stands at 30 percent. Corporate Tax Rate in Costa Rica averaged 30.33 percent from 2003 until 2020, reaching an all time high of 36 percent in 2003 and a record low of 30 percent in 2004. In Costa Rica, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Costa Rica. This page provides - Costa Rica Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Costa Rica stands at 15 percent. In Costa Rica, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Costa Rica. This page provides - Costa Rica Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Costa Rica stands at 10.34 percent. Social Security Rate For Employees in Costa Rica averaged 9.29 percent from 2004 until 2019, reaching an all time high of 10.34 percent in 2018 and a record low of 9 percent in 2005. In Costa Rica, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Costa Rica because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Costa Rica Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hospital Beds in Costa Rica decreased to 1.13 per 1000 people in 2017 from 1.16 per 1000 people in 2016. Hospital Beds in Costa Rica averaged 1.78 per 1000 people from 1980 until 2017, reaching an all time high of 3.01 per 1000 people in 1980 and a record low of 1.13 per 1000 people in 2017. This page includes a chart with historical data for Costa Rica Hospital Beds.

The benchmark interest rate in Costa Rica was last recorded at 1.25 percent. Interest Rate in Costa Rica averaged 5.46 percent from 2006 until 2020, reaching an all time high of 10 percent in August of 2008 and a record low of 1.25 percent in March of 2020. In Costa Rica, interest rate decisions are taken by the Central Bank of Costa Rica. The official interest rate is the monetary policy rate. The monetary policy rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds. This page provides - Costa Rica Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Costa Rica recorded a government budget deficit of 163666.70 CRC Million in January of 2020. Government Budget Value in Costa Rica averaged -589918.64 CRC Million from 2006 until 2020, reaching an all time high of 166539.98 CRC Million in August of 2008 and a record low of -2524255.17 CRC Million in December of 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Costa Rica Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Costa Rica increased to 30655.20 USD Million in the fourth quarter of 2019 from 28932.50 USD Million in the third quarter of 2019. External Debt in Costa Rica averaged 13066.95 USD Million from 1999 until 2019, reaching an all time high of 30655.20 USD Million in the fourth quarter of 2019 and a record low of 4464.80 USD Million in the fourth quarter of 1999. In Costa Rica, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Costa Rica External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Costa Rica expanded 2.90 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Costa Rica averaged 4.33 percent from 1992 until 2019, reaching an all time high of 10.20 percent in the third quarter of 1992 and a record low of -2.40 percent in the first quarter of 2009. The biggest sector of Costa Rica’s economy is services, which accounts for 63 percent of GDP. Within services the most important segments are: transport, communication and warehousing (16 percent of GDP); trade, restaurants and hotels (15 percent) and community, personal and social services (9 percent). Manufacturing, mining and quarrying create 21 percent of the wealth. Agriculture, forestry and fishing contribute for 9 percent of the output and construction and water and electricity distribution for the remaining 7 percent. This page provides the latest reported value for - Costa Rica GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in Costa Rica increased to 7360288.38 CRC Million in the fourth quarter of 2019 from 7297804.44 CRC Million in the third quarter of 2019. GDP Constant Prices in Costa Rica averaged 4536950.32 CRC Million from 1991 until 2019, reaching an all time high of 7360288.38 CRC Million in the fourth quarter of 2019 and a record low of 2183269.67 CRC Million in the first quarter of 1991. This page provides the latest reported value for - Costa Rica GDP Constant Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Construction in Costa Rica increased to 285720.84 CRC Million in the fourth quarter of 2019 from 279241.88 CRC Million in the third quarter of 2019. GDP From Construction in Costa Rica averaged 222359.02 CRC Million from 1991 until 2019, reaching an all time high of 330294.83 CRC Million in the second quarter of 2018 and a record low of 83611.94 CRC Million in the first quarter of 1991. This page provides - Costa Rica Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Costa Rica increased to 860275.54 CRC Million in the fourth quarter of 2019 from 855618.81 CRC Million in the third quarter of 2019. GDP From Manufacturing in Costa Rica averaged 683634 CRC Million from 1991 until 2019, reaching an all time high of 860275.54 CRC Million in the fourth quarter of 2019 and a record low of 432816.31 CRC Million in the first quarter of 1991. This page provides - Costa Rica Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Costa Rica increased to 19176.56 CRC Million in the fourth quarter of 2019 from 19162.20 CRC Million in the third quarter of 2019. GDP From Mining in Costa Rica averaged 17364.72 CRC Million from 1991 until 2019, reaching an all time high of 23301.82 CRC Million in the second quarter of 2008 and a record low of 12575.14 CRC Million in the first quarter of 1991. This page provides - Costa Rica Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Costa Rica increased to 279338.37 CRC Million in the fourth quarter of 2019 from 278915.49 CRC Million in the third quarter of 2019. GDP From Public Administration in Costa Rica averaged 223775.11 CRC Million from 1991 until 2019, reaching an all time high of 279338.37 CRC Million in the fourth quarter of 2019 and a record low of 182422.82 CRC Million in the first quarter of 1991. This page provides - Costa Rica Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Costa Rica increased to 680432.46 CRC Million in the fourth quarter of 2019 from 677959.58 CRC Million in the third quarter of 2019. GDP From Services in Costa Rica averaged 458788.88 CRC Million from 1991 until 2019, reaching an all time high of 682320.53 CRC Million in the second quarter of 2018 and a record low of 283466.77 CRC Million in the first quarter of 1991. This page provides - Costa Rica Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Costa Rica increased to 282021.16 CRC Million in the fourth quarter of 2019 from 280236.82 CRC Million in the third quarter of 2019. GDP From Transport in Costa Rica averaged 177954.86 CRC Million from 1991 until 2019, reaching an all time high of 282021.16 CRC Million in the fourth quarter of 2019 and a record low of 120459.18 CRC Million in the second quarter of 1999. This page provides - Costa Rica Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Costa Rica decreased to 177972.10 CRC Million in the fourth quarter of 2019 from 178209.50 CRC Million in the third quarter of 2019. GDP From Utilities in Costa Rica averaged 122881.73 CRC Million from 1991 until 2019, reaching an all time high of 179090.43 CRC Million in the second quarter of 2019 and a record low of 57611.89 CRC Million in the first quarter of 1991. This page provides - Costa Rica Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Costa Rica recorded a capital and financial account deficit of 2290.90 USD Million in the fourth quarter of 2019. Capital Flows in Costa Rica averaged -479.50 USD Million from 1999 until 2019, reaching an all time high of 484.94 USD Million in the second quarter of 2019 and a record low of -2431.19 USD Million in the fourth quarter of 2012. In Costa Rica, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page provides - Costa Rica Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Costa Rica increased to 1155.71 USD Million in March from 1015.41 USD Million in February of 2020. Exports in Costa Rica averaged 563.81 USD Million from 1994 until 2020, reaching an all time high of 1155.71 USD Million in March of 2020 and a record low of 189.28 USD Million in January of 1994. In Costa Rica exports account for around 40 percent of GDP. Costa Rica´s main exports are electronic components (18 percent of total exports), medical equipment (7.3 percent), pineapples (7 percent) and bananas (6 percent). Costa Rica´s main export partner is the United States (37 percent of total exports). Others include: Netherlands, Panama, Hong Kong and Nicaragua. This page provides the latest reported value for - Costa Rica Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in Costa Rica increased to 1281.51 USD Million in March from 1225.08 USD Million in February of 2020. Imports in Costa Rica averaged 837.63 USD Million from 1994 until 2020, reaching an all time high of 1567.74 USD Million in October of 2018 and a record low of 280.48 USD Million in April of 1995. Costa Rica's main imports are fuel, electronics, pharmaceuticals and capital equipment. Costa Rica's main import partner is the United States (52 percent of total imports). Other main partners are: China, Mexico, Japan and Panama. This page provides - Costa Rica Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Costa Rica remained unchanged at 0 Tonnes in the fourth quarter of 2019 from 0 Tonnes in the third quarter of 2019. Gold Reserves in Costa Rica averaged 0.03 Tonnes from 2000 until 2019, reaching an all time high of 0.12 Tonnes in the fourth quarter of 2006 and a record low of 0 Tonnes in the fourth quarter of 2009. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Costa Rica Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction output in Costa Rica decreased 14.70 percent in February of 2020 over the same month in the previous year. Construction Output in Costa Rica averaged 4.79 percent from 1992 until 2020, reaching an all time high of 34.50 percent in January of 1992 and a record low of -20.40 percent in March of 1996. This page provides - Costa Rica Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Costa Rica recorded a Government Budget deficit equal to 5.70 percent of the country's Gross Domestic Product in 2019. Government Budget in Costa Rica averaged -3.38 percent of GDP from 1991 until 2019, reaching an all time high of 0.60 percent of GDP in 2007 and a record low of -5.70 percent of GDP in 2019. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Costa Rica Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Costa Rica recorded a government debt equivalent to 77.47 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Costa Rica averaged 55.72 percent from 1991 until 2019, reaching an all time high of 77.47 percent in 2019 and a record low of 37.08 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Costa Rica Government Debt To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Costa Rica expanded 1 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Costa Rica averaged 1.07 percent from 1991 until 2019, reaching an all time high of 4.20 percent in the third quarter of 1992 and a record low of -2.20 percent in the first quarter of 2009. Costa Rica is an upper middle-income country with a service based economy where commerce, tourism and services account for more than 60 percent of GDP. However, in recent years, the country has been diversifying its industrial base and it has become an important producer of electronic components and medical equipment, mostly due to rise in foreign direct investment. This page provides the latest reported value for - Costa Rica GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Costa Rica increased 2.70 percent in February of 2020 over the same month in the previous year. Industrial Production in Costa Rica averaged 3.77 percent from 1992 until 2020, reaching an all time high of 9.40 percent in July of 1992 and a record low of -3 percent in April of 2009. In Costa Rica, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Costa Rica Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Costa Rica increased 1 percent in February of 2020 over the previous month. Industrial Production Mom in Costa Rica averaged 0.31 percent from 1991 until 2020, reaching an all time high of 6.10 percent in January of 1995 and a record low of -4.90 percent in February of 1998. This page provides - Costa Rica Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Costa Rica increased 4.70 percent in February of 2020 over the same month in the previous year. Manufacturing Production in Costa Rica averaged 1.69 percent from 1992 until 2020, reaching an all time high of 10.30 percent in August of 1992 and a record low of -7 percent in May of 2009. This page provides - Costa Rica Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in Costa Rica decreased 0.20 percent in February of 2020 over the same month in the previous year. Mining Production in Costa Rica averaged 1.10 percent from 1992 until 2020, reaching an all time high of 26.10 percent in August of 1997 and a record low of -30.20 percent in July of 1993. This page provides - Costa Rica Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Expectations in Costa Rica decreased to 3 percent in March from 3.10 percent in February of 2020. Inflation Expectations in Costa Rica averaged 6.52 percent from 2006 until 2020, reaching an all time high of 12.92 percent in September of 2008 and a record low of 3 percent in March of 2020. This page provides - Costa Rica Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.